Campbell & CO Investment Adviser LLC Increases Position in Chevron Corporation $CVX

Campbell & CO Investment Adviser LLC increased its stake in shares of Chevron Corporation (NYSE:CVX) by 59.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,791 shares of the oil and gas company’s stock after purchasing an additional 3,645 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Chevron were worth $1,520,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Harbour Trust & Investment Management Co raised its holdings in Chevron by 1.0% in the third quarter. Harbour Trust & Investment Management Co now owns 11,630 shares of the oil and gas company’s stock worth $1,806,000 after purchasing an additional 110 shares in the last quarter. BXM Wealth LLC boosted its holdings in shares of Chevron by 13.6% in the 3rd quarter. BXM Wealth LLC now owns 9,732 shares of the oil and gas company’s stock valued at $1,511,000 after buying an additional 1,162 shares in the last quarter. Applied Capital LLC FL grew its position in shares of Chevron by 5.6% in the 3rd quarter. Applied Capital LLC FL now owns 2,697 shares of the oil and gas company’s stock worth $419,000 after buying an additional 142 shares during the last quarter. Sunbeam Capital Management LLC raised its stake in shares of Chevron by 6.9% during the 3rd quarter. Sunbeam Capital Management LLC now owns 3,241 shares of the oil and gas company’s stock worth $503,000 after acquiring an additional 208 shares in the last quarter. Finally, Blalock Williams LLC purchased a new stake in Chevron during the third quarter valued at approximately $326,000. Institutional investors own 72.42% of the company’s stock.

Chevron Price Performance

NYSE:CVX opened at $166.27 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.15 and a quick ratio of 0.86. The company has a 50 day moving average price of $153.46 and a 200-day moving average price of $154.22. Chevron Corporation has a 1-year low of $132.04 and a 1-year high of $169.37. The firm has a market cap of $334.79 billion, a price-to-earnings ratio of 23.39, a price-to-earnings-growth ratio of 10.29 and a beta of 0.70.

Chevron (NYSE:CVX) last released its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.85 EPS for the quarter, beating the consensus estimate of $1.71 by $0.14. Chevron had a net margin of 6.57% and a return on equity of 8.74%. The company had revenue of $48.17 billion for the quarter, compared to analyst estimates of $46.99 billion. During the same quarter last year, the business earned $2.48 earnings per share. The firm’s revenue was down 1.9% on a year-over-year basis. Equities research analysts forecast that Chevron Corporation will post 10.79 EPS for the current year.

Chevron Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Tuesday, November 18th were given a dividend of $1.71 per share. The ex-dividend date was Tuesday, November 18th. This represents a $6.84 dividend on an annualized basis and a dividend yield of 4.1%. Chevron’s dividend payout ratio (DPR) is 96.20%.

Key Stories Impacting Chevron

Here are the key news stories impacting Chevron this week:

• Positive Sentiment: Chevron took a Final Investment Decision (FID) to expand the Leviathan offshore gas platform, adding wells and capacity to send more gas to Israel, Egypt and Jordan — a concrete growth project that should strengthen Chevron’s Eastern Mediterranean gas production and near‑term cash flow. Reuters: Chevron takes final investment decision on Leviathan gas expansion
• Positive Sentiment: Multiple outlets report Chevron is likely to receive an expanded U.S. license to operate in Venezuela, which — if finalized and implemented — would enable higher production and exports from a large resource basin and materially improve future production upside. Reuters: Chevron expected to receive expanded Venezuela license
• Neutral Sentiment: Republican bill H.R.7084 (Defending American Property Abroad Act) would give the U.S. government additional tools related to ports and assets seized by foreign states — could be helpful for U.S. companies with expropriation risk, but timing and use of the law are uncertain. QuiverQuant: H.R.7084 summary
• Neutral Sentiment: Investor commentary and screening pieces are flagging Chevron as a dividend and income name worth buying on weakness — supportive to longer‑term demand for the stock but less relevant to near‑term price moves. Seeking Alpha: Buy the dip — dividend growth stocks
• Negative Sentiment: New legislation proposed (H.R.7094, No Aid for Russian Energy Act) would restrict U.S. persons and parent companies from supplying equipment/services to Russia’s energy sector — a potential regulatory headwind for U.S. majors with any exposure or plans tied to Russia. QuiverQuant: H.R.7094 summary
• Negative Sentiment: Insider selling: an executive sold 3,200 shares at roughly $168 — common but can be interpreted as a modest near‑term negative signal to sentiment. SEC Form 4: insider sale
• Negative Sentiment: Oil prices slipped after an easing of Iran‑related geopolitical risk, which pressures upstream margins and can temper short‑term earnings for integrated majors including Chevron. Barron’s: Oil prices fall as Iran tensions ease

Analyst Upgrades and Downgrades

CVX has been the topic of several analyst reports. HSBC set a $169.00 price target on shares of Chevron and gave the stock a “buy” rating in a report on Monday, December 1st. Wells Fargo & Company raised their price objective on Chevron from $190.00 to $196.00 and gave the stock an “overweight” rating in a research report on Friday, November 14th. Barclays reduced their target price on Chevron from $160.00 to $158.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 7th. Raymond James Financial reiterated an “outperform” rating and issued a $160.00 price target (down from $170.00) on shares of Chevron in a research note on Friday, October 17th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Chevron in a research note on Wednesday, October 8th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, nine have given a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $168.27.

Insiders Place Their Bets

In related news, Director John B. Hess sold 275,000 shares of Chevron stock in a transaction dated Thursday, November 20th. The stock was sold at an average price of $150.75, for a total value of $41,456,250.00. Following the completion of the transaction, the director owned 1,128,045 shares in the company, valued at $170,052,783.75. The trade was a 19.60% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Alana K. Knowles sold 7,956 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $165.05, for a total value of $1,313,137.80. Following the transaction, the insider owned 1,207 shares in the company, valued at $199,215.35. This represents a 86.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 635,190 shares of company stock worth $100,254,408 in the last 90 days. 0.21% of the stock is currently owned by company insiders.

Chevron Profile

Chevron Corporation (NYSE: CVX) is an American multinational energy company engaged in virtually all aspects of the oil and gas industry. As an integrated energy firm, Chevron’s core activities include upstream oil and natural gas exploration and production, midstream transportation and storage, downstream refining and marketing of fuels and lubricants, and petrochemical manufacturing through joint ventures and subsidiaries. The company markets fuels under brands such as Chevron, Texaco and Caltex and supplies a range of products and services to retail customers, industrial users and commercial fleets worldwide.

Chevron traces its corporate lineage to the early petroleum companies that eventually became Standard Oil of California and has evolved through significant mergers and restructurings, including the acquisitions of Gulf Oil and Texaco.